Cross Border Restructuring

Silk Legal has exceptional capabilities in cases of Cross Border Restructuring, especially within the context of global bankruptcies under US Chapter 11 proceedings. Silk Legal especially stands out within the region as we employee Foreign Legal Consultants that have extensive bankruptcy experience in a variety of jurisdictions such as the USA, Canada, Australia and the UK. We understand the intricacies of Cross Border Restructuring and the unique challenges that the Thai legal systems pose from time to time. Our team’s experiences in Thailand go back to the 1997 Asian Financial Crisis where our people were able to solve some of the most complex cross border issues with failing companies and non-preforming loans for multi-jurisdictional domestic and foreign insolvency proceedings and out-of-court work-outs.

Our team has represented both sides of the restructuring equation representing both creditors and companies alike in a variety of roles including that of a Planner, which is a person that is appointed by the Thai Courts to work out the company internally.

We can also bring cross-border expertise in other specialized areas of business law that are critical to optimal cross-border structuring, such as tax, public markets, private and public debt financing, and derivatives.

Our professionals are active members of various professional organizations including the International Insolvency Institute, American Bar Association (Bankruptcy Committee) and the Asia Transformation & Turnaround Association.